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Climb Global Solutions (NASDAQ: CLMB) officer has 645 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Climb Global Solutions, Inc. Chief Alliance Officer Charles Edward Bass reported a tax-related share disposition tied to vesting of restricted stock. On May 5, 2026, 645 shares of common stock were withheld at a price of $18.76 per share to satisfy tax obligations at vesting. After this withholding, Bass directly holds 127,720 shares of Climb Global Solutions common stock.

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Insider Bass Charles Edward
Role Chief Alliance Officer
Type Security Shares Price Value
Tax Withholding Common Stock 645 $18.76 $12K
Holdings After Transaction: Common Stock — 127,720 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 645 shares Withheld at vesting of restricted stock on May 5, 2026
Withholding price $18.76 per share Value used for tax-withholding disposition
Shares held after transaction 127,720 shares Direct CLMB common stock holdings after tax withholding
restricted stock financial
"Shares withheld at vesting of restricted stock for purposes of meeting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bass Charles Edward

(Last)(First)(Middle)
4 INDUSTRIAL WAY WEST
SUITE 300

(Street)
EATONTOWN NEW JERSEY 07724

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Climb Global Solutions, Inc. [ CLMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Alliance Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026F(1)645D$18.76127,720D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations.
/s/ Charles Bass05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CLMB executive Charles Edward Bass report?

Charles Edward Bass reported a tax-related share disposition. On May 5, 2026, 645 CLMB common shares were withheld at $18.76 per share to cover tax obligations at vesting of restricted stock, rather than being sold on the open market.

Was the CLMB Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 645 shares of CLMB common stock were withheld at vesting of restricted stock solely to meet Charles Edward Bass’s tax obligations, according to the filing footnote.

How many CLMB shares does Charles Edward Bass own after this Form 4 transaction?

After the tax-withholding transaction, Charles Edward Bass directly holds 127,720 shares of Climb Global Solutions common stock. The Form 4 indicates this post-transaction balance, reflecting his remaining equity position following the restricted stock vesting event.

What does transaction code "F" mean in the CLMB Form 4 filing?

Transaction code “F” indicates shares were disposed of to pay an exercise price or tax liability. In this CLMB filing, 645 shares were withheld at vesting of restricted stock to satisfy Charles Edward Bass’s tax obligations, rather than being voluntarily sold in the market.

What role does Charles Edward Bass hold at Climb Global Solutions (CLMB)?

Charles Edward Bass serves as Chief Alliance Officer at Climb Global Solutions. His Form 4 filing reports a tax-withholding disposition related to restricted stock vesting, reflecting routine equity compensation administration rather than discretionary buying or selling activity.